The post Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock appeared on BitcoinEthereumNews.com. LayerZero, the bridging protocol that allows different crypto networks to communicate with each other, plans to connect to Bitcoin sidechain Rootstock in what would be its first integration with the world’s original blockchain. Rootstock aims to end Bitcoin’s “isolation” from […]

The post Likely to trade in a 1.0395/1.0455 range – UOB Group appeared on BitcoinEthereumNews.com. Euro (EUR) is likely to trade in a 1.0395/1.0455 range vs US Dollar (USD). In the longer run, EUR appears to have moved into a 1.0350/1.0500 range trading phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. […]

The post Pi Network (PI) Lists on OKX, Drops 21% After Initial Surge appeared on BitcoinEthereumNews.com. Pi Network (PI) has officially launched on OKX, recording notable volatility as investors rushed to cash in on the hype. The move marks a significant milestone for the project, coinciding with its transition to the Open Network phase. Pi […]

The post ‘Bitcoin Is Somewhat of a Memecoin’ appeared on BitcoinEthereumNews.com. Coinbase CEO Brian Armstrong recently opined that Bitcoin, the original cryptocurrency, is “somewhat of a memecoin.”  The original comment, which seemingly implies that Bitcoin has no intrinsic value, was, “You have lost your way while creating a casino,” by CoinCorner CEO Danny Scott.  Related […]

The post Memecoin Market Faces Major Deleveraging, Signaling Potential Shift in Sentiment appeared on BitcoinEthereumNews.com. The memecoin market, which was once buoyed by speculative interest and viral trends, is now seeing a rapid cooling off. Futures open interest (OI) across several prominent memecoins has plummeted from its peak, with traders unwinding leveraged positions and overall […]

The post Dogecoin May Approach Key Resistance at $0.26 Amid Fluctuating Market Sentiment and Possible Price Surge appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) is on the brink of a potential price surge as it battles against key resistance levels amidst mixed market sentiment. As DOGE tests the crucial $0.26 resistance, trader indecision is reflected in fluctuating […]

The post Pi Network Launches Mainnet, Sparks User Excitement appeared on BitcoinEthereumNews.com. The Pi Network has officially launched its public mainnet, marking a significant milestone for the platform and its users. This new development allows Pi Coin to be traded and transferred freely, with major cryptocurrency exchanges like OKX and Bitget already listing the coin, […]

The post Activity slows in February – Standard Chartered appeared on BitcoinEthereumNews.com. Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50. Tourism-related services activity dropped m/m after holiday boost; real estate performance rebounded. Manufacturing SMEs reported m/m decline in production, sales and new orders, partly due to seasonality. […]

The post RBA’s Hauser Signals Restrictive Policy Stance appeared on BitcoinEthereumNews.com. For crypto investors tracking global economic currents, shifts in central bank policies can ripple through currency valuations and market sentiment. Recently, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser offered crucial insights, indicating that the RBA’s monetary policy remains firmly in restrictive territory. […]

The post Metaplanet Expands Bitcoin Holdings: 68 BTC Purchase Brings Total to 2,100 BTC appeared on BitcoinEthereumNews.com. On February 20, COINOTAG News reported that Metaplanet, a publicly traded entity in Japan, has augmented its Bitcoin holdings by acquiring an additional 68 BTC, valuated at approximately $6.6 million. This recent acquisition increases Metaplanet’s total Bitcoin reserves […]